only if it we are close to my entry call will I trade the news
Jimmy, Thanks for posting your chart with explaination. I hope it will help other to what and why you take your trades when you do. Have fun...
I see what you are asking. The resistance at 76 was a very good one that offered a lot of potential but I figured that level would be taken out...
Good question and the simple answer is that I believe it is better to stick with my original plan. Veering off the plan especially based on news...
Looking back on the daily charts that spike this morning cleared all the clutter out going back to the 16th of May. This will be very good for...
Wow, was anybody playing that spike up this morning. I don't play those but the reversal at 1282 is a very good thing for my long call. If we do...
Riaamaan, This is a totally different type of game but the T/A used in equities works here as well. If you fight with impatience and jump in...
Sorry, I forgot to post the chart that goes with tomorrows calls. Here it is.
Here are my numbers for tomorrow. There are several S/R's to the left on the chart. Some very good ones in fact. I believe several will be taken...
Riaamaan, Thank you for the nice words. I started this journal with people like you in mind. A place where you could get some help without...
Hey Guys, This is to all the regular posters in here. Since I started this journal I tend to get several PM's a day from people that come in...
You can get it from www.samuraitrader.com or if you semd me a PM I will get it to.
My favorite 3 books are The Disciplened Trader (have read it about 6 times) Trading For A Living The Samurai Trader (you can get it in...
They saved it at the 20 moving average. Another reason I only trade my actual calls. Very easy for me to make a mistake trade on the fly. I would...
That's cool. Have a good work night. See you in the AM
You got that right. I see a waterfall starting that could be big. How about you?
Thank You, It is the work from everyone that will help this journal be really great. I hope. To answer you questions: 1. Yes, I would always...
While I agree to a certain point. It kind of depends on the number of contracts use per trade. If you trade 2 contracs at a time and net 2 points...
I see what you are saying. I would say I typically get if not 10 per week per contract I come pretty close. I am right in line with that this week...
The main problem I would have had going short at 1270 at this is that it is in the middle of my channel 1268 - 1272 (which actually goes up to...
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